universal tyres (harrogate) limited
universal tyres (harrogate) limited Company Information
Company Number
06549560
Next Accounts
Apr 2025
Directors
Shareholders
maria coolican
graham coolican
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
forth floor toronto square, toronto street, leeds, LS1 2HJ
Website
harrogatetyres.co.ukuniversal tyres (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of UNIVERSAL TYRES (HARROGATE) LIMITED at £167.8k based on a Turnover of £305.9k and 0.55x industry multiple (adjusted for size and gross margin).
universal tyres (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of UNIVERSAL TYRES (HARROGATE) LIMITED at £0 based on an EBITDA of £-5k and a 4.01x industry multiple (adjusted for size and gross margin).
universal tyres (harrogate) limited Estimated Valuation
Pomanda estimates the enterprise value of UNIVERSAL TYRES (HARROGATE) LIMITED at £1.2k based on Net Assets of £556 and 2.13x industry multiple (adjusted for liquidity).
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Universal Tyres (harrogate) Limited Overview
Universal Tyres (harrogate) Limited is a dissolved company that was located in leeds, LS1 2HJ with a Companies House number of 06549560. It operated in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in March 2008, it's largest shareholder was maria coolican with a 50% stake. The last turnover for Universal Tyres (harrogate) Limited was estimated at £305.9k.
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Universal Tyres (harrogate) Limited Health Check
Pomanda's financial health check has awarded Universal Tyres (Harrogate) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
5 Regular
5 Weak
Size
annual sales of £305.9k, make it smaller than the average company (£1.9m)
- Universal Tyres (harrogate) Limited
£1.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (4.3%)
- Universal Tyres (harrogate) Limited
4.3% - Industry AVG
Production
with a gross margin of 37.8%, this company has a comparable cost of product (37.8%)
- Universal Tyres (harrogate) Limited
37.8% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (6%)
- Universal Tyres (harrogate) Limited
6% - Industry AVG
Employees
with 4 employees, this is below the industry average (18)
4 - Universal Tyres (harrogate) Limited
18 - Industry AVG
Pay Structure
on an average salary of £38.6k, the company has an equivalent pay structure (£38.6k)
- Universal Tyres (harrogate) Limited
£38.6k - Industry AVG
Efficiency
resulting in sales per employee of £76.5k, this is less efficient (£128.3k)
- Universal Tyres (harrogate) Limited
£128.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Universal Tyres (harrogate) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is close to average (35 days)
- Universal Tyres (harrogate) Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is in line with average (27 days)
- Universal Tyres (harrogate) Limited
27 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (24 weeks)
24 weeks - Universal Tyres (harrogate) Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.4%, this is a higher level of debt than the average (64.1%)
98.4% - Universal Tyres (harrogate) Limited
64.1% - Industry AVG
UNIVERSAL TYRES (HARROGATE) LIMITED financials
Universal Tyres (Harrogate) Limited's latest turnover from March 2019 is estimated at £305.9 thousand and the company has net assets of £556. According to their latest financial statements, Universal Tyres (Harrogate) Limited has 4 employees and maintains cash reserves of £15.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 4 | 4 | 4 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,258 | 1,677 | 1,991 | 2,266 | 1,581 | 1,742 | 906 | 1,207 | 1,610 | 1,747 |
| Intangible Assets | ||||||||||
| Investments & Other | ||||||||||
| Debtors (Due After 1 year) | ||||||||||
| Total Fixed Assets | 1,258 | 1,677 | 1,991 | 2,266 | 1,581 | 1,742 | 906 | 1,207 | 1,610 | 1,747 |
| Stock & work in progress | 16,750 | 10,000 | 10,000 | 8,000 | 10,000 | 15,000 | 15,400 | 12,900 | 12,500 | 12,250 |
| Trade Debtors | 243 | 4,684 | ||||||||
| Group Debtors | ||||||||||
| Misc Debtors | 992 | 1,482 | ||||||||
| Cash | 15,764 | 30,299 | 68,401 | 67,662 | 55,587 | 54,761 | 108,629 | 64,548 | 119,067 | 96,837 |
| misc current assets | ||||||||||
| total current assets | 33,506 | 41,781 | 78,401 | 75,662 | 65,587 | 69,761 | 124,029 | 77,691 | 131,567 | 113,771 |
| total assets | 34,764 | 43,458 | 80,392 | 77,928 | 67,168 | 71,503 | 124,935 | 78,898 | 133,177 | 115,518 |
| Bank overdraft | ||||||||||
| Bank loan | ||||||||||
| Trade Creditors | 19,489 | 17,954 | 26,311 | 19,444 | 62,173 | 63,500 | 97,742 | 52,686 | 97,938 | 92,186 |
| Group/Directors Accounts | ||||||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 14,572 | 19,536 | 41,950 | 48,698 | ||||||
| total current liabilities | 34,061 | 37,490 | 68,261 | 68,142 | 62,173 | 63,500 | 97,742 | 52,686 | 97,938 | 92,186 |
| loans | ||||||||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | ||||||||||
| provisions | 147 | 208 | 290 | 388 | ||||||
| total long term liabilities | 147 | 208 | 290 | 388 | ||||||
| total liabilities | 34,208 | 37,698 | 68,551 | 68,530 | 62,173 | 63,500 | 97,742 | 52,686 | 97,938 | 92,186 |
| net assets | 556 | 5,760 | 11,841 | 9,398 | 4,995 | 8,003 | 27,193 | 26,212 | 35,239 | 23,332 |
| total shareholders funds | 556 | 5,760 | 11,841 | 9,398 | 4,995 | 8,003 | 27,193 | 26,212 | 35,239 | 23,332 |
| Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 419 | 559 | 663 | 864 | 714 | 447 | 301 | 403 | 537 | 582 |
| Amortisation | ||||||||||
| Tax | ||||||||||
| Stock | 6,750 | 2,000 | -2,000 | -5,000 | -400 | 2,500 | 400 | 250 | 12,250 | |
| Debtors | -490 | 1,482 | -243 | 243 | -4,684 | 4,684 | ||||
| Creditors | 1,535 | -8,357 | 6,867 | -42,729 | -1,327 | -34,242 | 45,056 | -45,252 | 5,752 | 92,186 |
| Accruals and Deferred Income | -4,964 | -22,414 | -6,748 | 48,698 | ||||||
| Deferred Taxes & Provisions | -61 | -82 | -98 | 388 | ||||||
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | ||||||||||
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | ||||||||||
| Group/Directors Accounts | ||||||||||
| Other Short Term Loans | ||||||||||
| Long term loans | ||||||||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | ||||||||||
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -14,535 | -38,102 | 739 | 12,075 | 826 | -53,868 | 44,081 | -54,519 | 22,230 | 96,837 |
| overdraft | ||||||||||
| change in cash | -14,535 | -38,102 | 739 | 12,075 | 826 | -53,868 | 44,081 | -54,519 | 22,230 | 96,837 |
universal tyres (harrogate) limited Credit Report and Business Information
Universal Tyres (harrogate) Limited Competitor Analysis
Perform a competitor analysis for universal tyres (harrogate) limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in LS1 area or any other competitors across 12 key performance metrics.
universal tyres (harrogate) limited Ownership
UNIVERSAL TYRES (HARROGATE) LIMITED group structure
Universal Tyres (Harrogate) Limited has no subsidiary companies.
Ultimate parent company
UNIVERSAL TYRES (HARROGATE) LIMITED
06549560
universal tyres (harrogate) limited directors
Universal Tyres (Harrogate) Limited currently has 1 director, Mr Graham Coolican serving since Mar 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Graham Coolican | England | 69 years | Mar 2008 | - | Director |
P&L
March 2019turnover
305.9k
+6%
operating profit
-5.4k
0%
gross margin
37.8%
-0.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2019net assets
556
-0.9%
total assets
34.8k
-0.2%
cash
15.8k
-0.48%
net assets
Total assets minus all liabilities
universal tyres (harrogate) limited company details
company number
06549560
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
March 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2019
previous names
N/A
accountant
-
auditor
-
address
forth floor toronto square, toronto street, leeds, LS1 2HJ
Bank
-
Legal Advisor
-
universal tyres (harrogate) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to universal tyres (harrogate) limited.
universal tyres (harrogate) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for UNIVERSAL TYRES (HARROGATE) LIMITED. This can take several minutes, an email will notify you when this has completed.
universal tyres (harrogate) limited Companies House Filings - See Documents
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